Current price: 2.238 USDT
Analysis time: April 28, 2025
1. Daily Technical Analysis (Medium-term Main Trend)
Yesterday's Review:
XRP retraced to around 2.21 yesterday, followed by a small bullish candle;
Long lower shadows indicate increased support strength below;
The daily closing successfully stood above the EMA20 moving average, initially reversing the weakness.
Today's daily structure:
Bollinger Bands are contracting, with prices running above the middle track;
MACD golden cross above the zero line, with red bars continuing to increase;
EMA7 crosses above EMA20, forming a bullish arrangement of short-term moving averages;
Trading volume has increased slightly, with both volume and price rising.
On the daily level, XRP has the potential to further oscillate upward and challenge the 2.27-2.28 area today, with a strong structure and bulls dominating the market.
2. Four-hour Line Technical Analysis (Wave Rhythm)
Review of yesterday's four-hour trend:
XRP successfully stabilized at 2.21 on the four-hour chart, followed by two consecutive bullish candles, confirming the bottom;
EMA50 (2.22) provides strong support.
Today's four-hour observation:
Bollinger Bands middle track upward, price gradually pushing higher along the middle track;
MACD continues to expand red bars, with sufficient short-cycle momentum;
KDJ golden cross diverging, RSI rebounding above 60, showing a clear bullish trend.
The four-hour structure is healthy, with short-term bulls steadily advancing, providing a good foundation to challenge the 2.26-2.28 range.
3. One-hour Line Technical Analysis (Short-term Rhythm)
Review of yesterday's 1-hour trend:
A buying opportunity appeared near 2.21, quickly rising to 2.24, maintaining high-level oscillation during the session.
Today's one-hour layout:
EMA7, EMA20, and EMA50 are all in a bullish arrangement, indicating a strong short-term trend;
MACD one-hour golden cross continues, with red bars persisting;
RSI is close to 70; although there are slight signs of overbought conditions, a peak has not yet been seen.
Conclusion:
The short-term trend on the one-hour chart is healthy and is expected to continue pushing higher, extending to the 2.26-2.28 range.
4. Today's Operation Suggestions (Precise Value Version)
Project Specific Values
Opening position: 2.24
First support level: 2.27
Second support level: 2.30
Support level: 2.20